The July 2017 Issue of the SmallCap Informer Is Published
Posted on Monday, July 31, 2017
The July 2017 issue of the SmallCap Informer newsletter has been published with two stock picks and no sell recommendations.
Just past the midpoint of 2017, small-cap stocks are lagging the broader market, with the S&P 500 Index up 10.3% year-to-date through July 3 and the Russell 2000 Index up just 4.9%.
Small-cap stocks started the year with strength but began to diverge from large-cap stocks in early March. Despite a mid-April rally and another in May-June, small-cap stocks haven’t yet caught up with their larger compatriots in the equities markets.
This isn’t the whole story, however. The Russell 2000 hit an all-time high on July 25th, while the S&P 500 hits its peak the next day, July 26th. Driven by positive earnings reports and positive economic data, the markets ignored a tightening monetary policy and diminishing chances for fiscal stimulus coming out of the nation’s capital any time soon and stocks bounded upwards. Read more in the July 2017 issue.